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5+ Days Ago
Location
240 NE 5th St, Gresham, OR 97030, USA|Downtown Gresham
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 240 NE 5th St
Ever dreamed of living in highly desirable Downtown Gresham?? Then this is the condo for you!! Imagine walking to the Farmer's Market, favorite downtown Gresham restaurant, coffee shop or the park. Nestled in a highly desirable, upscale community. This spacious 3 bedroom condo has many amenities to offer... Vaulted ceilings, skylights, stained glass doors, central VAC, private patios, central air-A/C, ample storage, and an attached double car garage just to mention a few!! Spacious, open lower level floor-plan. Equipped with gas fireplace, recessed lighting, and elegant staircase. Kitchen includes fridge, range, built-in microwave, dishwasher, garbage disposal and pantry. There is also a breakfast/ eat bar. The first Bedroom/Office is off the back of the kitchen with access to the double car garage and side patio. Full bathroom with shower wraps up this main level of the property. Upstairs are 2 bedrooms, large laundry room with washer and dryer included, and main bathroom. Master suite has vaulted ceilings, grand walk-in closet, private balcony, and full bathroom with jet tub. The laundry room is conveniently located upstairs. There are plenty of additional storage closets as well. To top off the upper level... a large patio above the garage with lots of space to create your own personal oasis. LEASE TERM: This home is offered on a 12 month lease. PETS: Small mature pets considered, under 25lbs. Breed restrictions do apply! There is a $500 increased deposit for the first pet, in addition to regular security deposit. Additional pets? There is a $250 increased deposit per additional pet. Monthly pet rent of $25 per pet as well! UTILITIES: Tenants are responsible for all utilities and yard care at this property. HOW TO APPLY: 1) Applicants are required to drive by the property, prior to contacting our office. 2) Once you have driven by the property, you must be pre-screened, prior to viewing a property with our Leasing Agent. There are many ways you can be pre-screened: - Download the pre-screening form located on our website @ www.bensonco.com - Email our Leasing Department - Call 503-666-1988 ext. 1 to request the pre-screening form. * Applicants (18 years & older) are required to fill out a separate pre-screening form. 3) Once you have driven by the property and completed our pre-screening requirement, please contact our Leasing Department at 503-666-1988 ext 1 to schedule a viewing of the property. 4) During your viewing of the property, you will be given a Rental Application packet to review, sign and return directly to the Leasing office. All adults (18 years and older) are required to fill out a separate Rental Application. *Please check out our website: www.bensonco.com for our Rental Criteria, as well as downloadable forms. All Benson Property Management properties are non-smoking units.
Address details
| Neighborhood | Downtown Gresham |
|---|---|
| Zip code | 97030 |
| Type | House for rent |
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Rent trends in Downtown Gresham
3-bedroom apartments at 240 NE 5th St cost about 1% less than the average rent price for 3-bedroom apartments in Gresham.
Median rents as of Mar 14 2026.
Downtown Gresham
Gresham
| Month | Median Rent |
|---|---|
| March 2024 | $2,088 |
| April 2024 | $2,068 |
| May 2024 | $2,112 |
| June 2024 | $2,192 |
| July 2024 | $2,203 |
| August 2024 | $2,188 |
| September 2024 | $2,176 |
| October 2024 | $2,166 |
| November 2024 | $2,100 |
| December 2024 | $2,083 |
| January 2025 | $2,047 |
| February 2025 | $2,031 |
| March 2025 | $2,059 |
| April 2025 | $2,118 |
| May 2025 | $2,134 |
| June 2025 | $2,150 |
| July 2025 | $2,085 |
| August 2025 | $2,095 |
| September 2025 | $2,160 |
| October 2025 | $2,193 |
| November 2025 | $2,208 |
| December 2025 | $2,140 |
| January 2026 | $2,198 |
| February 2026 | $2,128 |
| March 2026 | $2,172 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,095 |
| April 2024 | $1,975 |
| May 2024 | $2,172 |
| June 2024 | $2,202 |
| July 2024 | $2,383 |
| August 2024 | $2,274 |
| September 2024 | $2,316 |
| October 2024 | $2,399 |
| November 2024 | $2,332 |
| December 2024 | $2,395 |
| January 2025 | $2,395 |
| February 2025 | $2,303 |
| March 2025 | $2,340 |
| September 2025 | $1,955 |
| October 2025 | $1,848 |
| November 2025 | $1,795 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 years ago | $1,775 |
Schools near 240 NE 5th St
East Gresham Elementary School
900 se 5th st
gresham, OR, 97080
K-5Public
C+
The Creeks
2470 sw halsey
troutdale, OR, 97060
K-12Public
Wheatley School
14030 ne sacramento st
portland, OR, 97230
K-12Public
Beatrice Morrow Cannady Elementary School
18031 se vogel rd
damascus, OR, 97089
K-5Public
B+
Camas Connect Academy
841 ne 22nd ave
camas, WA, 98607
K-12Public
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Internet available near 240 NE 5th St
Neighborhood
Downtown Gresham | Gresham, OR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Gresham near 240 NE 5th St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 240 NE 5th St, Gresham
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
4/10
Some bars within a few minutes’ walk
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